Regarding the investment requirements, the average initial acquisition cost for a Bimbo Canada franchise can vary based on factors such as the region, route distance, working hours, customer base, and service area. The investment figure typically falls within the range of $20,000 to $450,000. It is important to note that you must have at least 25% of the total acquisition cost in the form of unencumbered liquid assets, which means the funds should not be borrowed or used as collateral for another loan.
- The purchase of a delivery truck or trailer: $20,000 - $100,000
- Initial franchise fee cost: $5,000 for the Atlantic region and $12,500 in the West and Ontario
- Cost of acquisition: $20,000 - $450,000
- Various equipment needed: $100 - $1,000
- Uniform: $300 - $500
